Oil & Gas Industry News

'After pursuing all options to restore communications, we learned this morning that the satellite has lost power'.

The Organization of the Petroleum Exporting Countries has roiled markets in recent months by speeding up the return of halted output.

A new analysis piece published on the EIA website recently has outlined how U.S. energy use has changed since the Declaration of Independence was signed in 1776.

Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the future in the second quarter Dallas Fed Energy Survey.

Rigzone takes a closer look at the Energy Institute's latest statistical review of world energy report.

Russia's oil revenue in June slumped to a two-year low as global crude prices fell and the ruble strengthened.

Oil prices fell after news of planned US-Iran nuclear talks eased Middle East tension risks.

'We expect ministers will continue the unwinding of the November 2023 tranche of cuts', analysts at Standard Chartered Bank said.

Oil prices climbed 3% after Trump announced a trade deal with Vietnam.

Iraq's electricity grid lost around 15 percent of its generation capacity after gas supplies from neighboring Iran were more than halved on Tuesday.